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Home Buying Incentives from Fannie Mae

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Home Buying Incentives from Fannie Mae
This just in, hot off the press.  Fannie Mae is helping owner-occupied house buyers with closing costs & new appliances.  These are the details.  Enjoy the article and please join my newsletter to receive other [...]

Real Estate Professional Status as viewed by Uncle Sam

Real Estate Professional Status as viewed by Uncle Sam

The IRS started challenging the real estate professional status over two years ago. Since then, we’ve seen a lot of audits, unfavorable audit results and a few court cases.
The real estate professional status allows taxpayers to take full advantage of real estate losses against other income. Without [...]

Upside Down Homeowners-Should You Stay or Should You Go?

Upside Down Homeowners-Should You Stay or Should You Go?
The debate is raging for homeowners who are upside down in their mortgages.  With 30% of the population owing more than their houses are worth, many homeowners are weighing the pros and cons of walking away from their homes.  Understanding all your options is one of the [...]

Hard Money Lender Questions Answered

Hard Money Lender Questions Answered
Since the FHA has changed the policy on flipping and we are no longer required to hold for 90 days, I thought it might be a good idea to review what hard money lending is about.  Troy lays it out very nicely here.  Thanks for stopping in and please be sure [...]

2009 Top Real Estate Video On YouTube

2009 Top Real Estate Video On YouTube
If you have not seen this video by now then you’ve really been out of it.  I’m sharing it with my online friends because it is not just clever but it’s CLEVER.  This is a parody using a clip with Hitler as a real estate investor.  He bought a [...]

Top 10 Commercial Real Estate Experts on Twitter

Top 10 Commercial Real Estate Experts on Twitter

1. Duncan C. Wierman | ( DuncanWierman on Twitter )
Software CEO turned Real Estate Investor / Marketer. I show you how to use creative online marketing methods to do more deals online. Virtual Investing
2. mike warren | ( mikewarren129 on Twitter )
Helping people make money by helping others. [...]

Are Loan Mods Just Another Exotic Mortgage?

Are Loan Mods Just Another Exotic Mortgage?

This is a great question and I’m not the only one asking it.  The following article challenges the view of loan mods as a long term solution.  It is said that when the “step up” interest rate settles after 5 years in its permanent place, there will be hell [...]

FED Finds Principal Reduction Programs Actually Work

FED Finds Principal Reduction Programs Actually Work
Well it certainly seems more logical that a principal reduction program would work better than a loan modification which is just a temporary fix.  The FEDs findings support this.  A loan modification is merely a reduction of the current interest rate and does not address the value of the [...]